Specialty Retail

Specialty Retail

Specialty Retail Jonathan Poland

Specialty retail refers to a type of retail business that focuses on selling a specific type of product or service. These companies often have a deep expertise in the products they sell and may offer a more curated selection than a traditional retailer. Specialty retailers may also offer more personalized service and advice to customers compared to larger, more general retailers. Examples of specialty retailers include electronic stores, sporting goods stores, and auto part stores. These retailers often target a specific customer base and may have a strong brand presence within their niche. Specialty retailers may also have a physical storefront where customers can see and interact with products in person, as well as an online presence for customers to shop from anywhere.

Industry’s Top Companies:

  • O’Reilly Automotive
  • AutoZone
  • Genuine Parts
  • Tractor Supply
  • Ulta Beauty
  • Best Buy Co.
  • Five Below
  • Restoration Hardware
  • GameStop
  • DICK’S Sporting Goods
  • Advanced Auto Parts
  • Williams-Sonoma
  • Petco

Learn More…

Brand Identity Jonathan Poland

Brand Identity

Brand identity refers to the overall image and perception that a company…

Strategic Partnership Jonathan Poland

Strategic Partnership

A strategic partnership is a relationship between two or more organizations that…

Upselling Jonathan Poland

Upselling

Upselling is a sales technique that involves encouraging customers to purchase higher-priced,…

Window of Opportunity Jonathan Poland

Window of Opportunity

The window of opportunity is a concept that refers to a limited…

Automation Jonathan Poland

Automation

Automation refers to the use of technology to perform tasks that were…

Camping Strategy Jonathan Poland

Camping Strategy

Camping strategy is the practice of a using a geographical location as…

Brand Loyalty Jonathan Poland

Brand Loyalty

Brand loyalty refers to the degree to which a consumer consistently prefers…

Cost of Capital Jonathan Poland

Cost of Capital

The cost of capital is the required rate of return that a…

Product Knowledge Jonathan Poland

Product Knowledge

Product knowledge refers to the ability to effectively communicate information and answer…

Jonathan Poland © 2023

Search the Database

Over 1,000 posts on topics ranging from strategy to operations, innovation to finance, technology to risk and much more…

Travel Expenses Jonathan Poland

Travel Expenses

Travel expenses refer to the costs associated with traveling for business purposes.…

Project Failure Jonathan Poland

Project Failure

A project is considered a failure when it does not meet the…

Venture Capital Jonathan Poland

Venture Capital

Venture capital is a type of private equity financing that is provided…

Settlement Risk Jonathan Poland

Settlement Risk

Settlement risk is the risk that a trading counterparty will not deliver…

User Intent Jonathan Poland

User Intent

User intent refers to the goal or objective that a person has…

What is Supply? Jonathan Poland

What is Supply?

Supply refers to the amount of a product or service that is…

Cross Sellilng Jonathan Poland

Cross Sellilng

Cross-selling is the practice of selling additional products or services to existing…

IT Architecture Jonathan Poland

IT Architecture

An IT architecture is a framework that describes the components of an…

Niche Market Jonathan Poland

Niche Market

A niche market is a small and specialized target market that is…